Wealth Care LLC Makes New $1.89 Million Investment in iShares S&P Mid-Cap 400 Value ETF $IJJ

Wealth Care LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 14,264 shares of the company’s stock, valued at approximately $1,890,000. iShares S&P Mid-Cap 400 Value ETF makes up about 1.7% of Wealth Care LLC’s investment portfolio, making the stock its 13th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Concurrent Investment Advisors LLC raised its stake in iShares S&P Mid-Cap 400 Value ETF by 70.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 18,184 shares of the company’s stock valued at $2,393,000 after buying an additional 7,524 shares during the last quarter. Novak & Powell Financial Services Inc. boosted its holdings in iShares S&P Mid-Cap 400 Value ETF by 131.3% in the third quarter. Novak & Powell Financial Services Inc. now owns 13,429 shares of the company’s stock worth $1,742,000 after acquiring an additional 7,624 shares in the last quarter. Genesis Private Wealth LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $1,229,000. Sterling Financial Planning Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the fourth quarter. Sterling Financial Planning Inc. now owns 152,975 shares of the company’s stock worth $20,130,000 after acquiring an additional 5,107 shares during the last quarter. Finally, Compass Financial Group Inc. Ohio purchased a new stake in shares of iShares S&P Mid-Cap 400 Value ETF during the fourth quarter worth about $1,134,000. Hedge funds and other institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Stock Up 0.3%

IJJ opened at $147.73 on Wednesday. The company has a market cap of $8.83 billion, a P/E ratio of 16.13 and a beta of 0.96. The firm’s 50-day moving average price is $142.61 and its 200-day moving average price is $138.56. iShares S&P Mid-Cap 400 Value ETF has a 52-week low of $121.37 and a 52-week high of $148.11.

About iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.